Fuelcell Energy (FCEL) Goodwill & Intangibles (2013 - 2026)
Fuelcell Energy (FCEL) recorded Goodwill & Intangibles of $2.92 million in fiscal Q3 2026 (quarter ended Jul 31, 2026), down 30.8% from $4.22 million a year earlier and down 10.0% from the prior quarter.
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Analysis
Fuelcell Energy (FCEL) Goodwill & Intangibles (2013 - 2026) Analysis & Trends
At the end of FY2025 (ended Oct 31, 2025), Fuelcell Energy reported Goodwill & Intangibles of $3.89 million, down 79.4% from FY2024.
- Annual Goodwill & Intangibles has declined for six straight fiscal years, with a five-year compound annual growth rate of -30.5% (FY2020 to FY2025).
- Across earlier fiscal years, Goodwill & Intangibles came in at $18.85 million in FY2024 (-6.4%), $20.15 million in FY2023 (-6.0%), $21.45 million in FY2022 (-5.7%) and $22.75 million in FY2021 (-5.4%).
- The fiscal Q3 2026 figure is the lowest quarterly Goodwill & Intangibles in data going back to fiscal Q1 2013.
- On a year-over-year basis, Goodwill & Intangibles has declined for 25 consecutive quarters, with an average decline of 48.5% over the last eight quarters.
- Over the past five years, the year-over-year decline in Goodwill & Intangibles ranged from 5.4% (fiscal Q4 2021) to 80.8% (fiscal Q1 2026).
- Per Business Quant, the preceding three fiscal quarters came in at $3.24 million (Q2 2026), $3.57 million (Q1 2026) and $3.89 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 243.10 Bn | 203.02 Bn | 2.36 Bn |
| 2 | Bloom Energy | 64.89 Bn | 56.68 Bn | 355.57 Mn |
| 3 | First Solar | 18.91 Bn | 9.86 Bn | 605.00 Mn |
| 4 | BWX Technologies | 12.53 Bn | 10.83 Bn | 202.31 Mn |
| 5 | Nextpower | 12.05 Bn | 7.94 Bn | 335.85 Mn |
| 6 | Generac Holdings | 11.57 Bn | 10.40 Bn | 521.81 Mn |
| 7 | EnerSys | 6.26 Bn | 4.45 Bn | 313.36 Mn |
| 8 | Enphase Energy | 4.16 Bn | -697.01 Mn | 175.01 Mn |
| 9 | Mirion Technologies | 3.75 Bn | 1.59 Bn | 133.10 Mn |
| 10 | Fuelcell Energy | 884.30 Mn | -736.90 Mn | -24.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 2.92 Mn |
| Apr 30, 2026 | 3.24 Mn |
| Jan 31, 2026 | 3.57 Mn |
| Oct 31, 2025 | 3.89 Mn |
| Jul 31, 2025 | 4.22 Mn |
| Apr 30, 2025 | 13.80 Mn |
| Jan 31, 2025 | 18.53 Mn |
| Oct 31, 2024 | 18.85 Mn |
| Jul 31, 2024 | 19.20 Mn |
| Apr 30, 2024 | 19.53 Mn |
| Jan 31, 2024 | 19.90 Mn |
| Oct 31, 2023 | 20.15 Mn |
| Jul 31, 2023 | 20.50 Mn |
| Apr 30, 2023 | 20.83 Mn |
| Jan 31, 2023 | 21.15 Mn |
| Oct 31, 2022 | 21.45 Mn |
| Jul 31, 2022 | 21.80 Mn |
| Apr 30, 2022 | 22.12 Mn |
| Jan 31, 2022 | 22.45 Mn |
| Oct 31, 2021 | 22.75 Mn |
API Access
Fuelcell Energy Goodwill & Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=goodwill-and-intangibles&ticker=FCEL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill-and-intangibles", "ticker": "FCEL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=goodwill-and-intangibles&ticker=FCEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();